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Weighty Steel processes a single type of steel. For the current period the following information is given: Beginning Inventory Started During the Current Period Ending
Weighty Steel processes a single type of steel. For the current period the following information is given: Beginning Inventory Started During the Current Period Ending Inventory Units Material Costs Conversion Costs 3,000 $4,700 $6,300 20,600 33,000 78,400 3,500 All materials are added at the beginning of the production process. The beginning inventory was 45% complete as toc Weighty uses the weighted average costing method. What is the total cost assigned to the units completed and transferred this period? (Round intermediary dollar amounts O A. $112,315 B. $91,800 OC. $113,967 OD. $122,400 Beginning Inventory 3,000 conversion Costs $4,700 $6,500 Started During the Current Punod 20.000 33,000 78.400 Ending Inventory 3.500 Almaas we added the beginning of the production process. The beginning inventory was 45% complete to conversion, while the ending inventory w 20% completed for conversion purposes Weight the weighted average costing method What is the total cost signed to the units completed and transferred this period? {Round intermediary dollar amounts to the nearest out and total cost the nearest whole dar) OA 5112315 OD 591,600 O $113.96 OD 5122.400
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